SINGAPORE, July 24 -- A Singaporean man who conspired with his wife to cheat her then-boyfriend of S$220,000 (RM770,000) through a fake property investment scheme has been sentenced to two years and four months in jail.

According to The Straits Times, Eric Ong Chee Wei, 50, was also ordered to pay S$210,000 in compensation to the victim, David Tan, after having made an initial restitution of S$10,000.

Should Ong fail to pay the full amount, he will have to serve an additional 105 days in prison.

Ong's wife and accomplice, Felicia Tay Bee Ling, 49, who had carried out the scheme on his instructions, was sentenced to two years and one month in jail. Both were offered bail of S$40,000 and are expected to begin serving their sentences on A...